November 28, 2014

The decision to rent or to buy is a common dilemma for most adults. But the current economic conditions place buyers in a more advantageous position than renters because it’s now actually less expensive (38% cheaper) to buy a home than it is to pay a landlord rent. If paying less for the place you

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November 27, 2014

If you plan to purchase a home, even before you get started, you should get a pre-approval for your mortgage because at some point, sellers are going to ask you for this. But before that, let’s get to know first the basics of pre-approved mortgage. What is a pre-approval? A pre-approval, in the real estate

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November 27, 2014

Buying a home, especially for first timers, is a daunting endeavor. Some of us might even consider this as their most significant purchase. Therefore, it just makes sense that you surround yourself with the top-notch professionals that you can count on and will put your best interests in mind always. Although not all home buying

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November 26, 2014

Among the biggest challenges that a first-time homebuyer has to face is to assess whether the home’s foundation is in excellent condition or not. Knowing the warning signs of foundation issues is necessary before you purchase a house as you could end up spending thousands of dollars to fix it in the future. So let’s

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November 26, 2014

According to the announcement made by the Federal Housing Financing Agency (FHFA) last Monday, conforming loan limits will remain the same throughout most parts of the country for 2015. FHFA revealed that Fannie Mae and Freddie Mac’s maximum mortgage limit would remain at $417,000 for all single-unit properties in most areas with $625,000 as the

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